Amazon has announced that they are bringing the ability to read Kindle formatted ebooks to the iPhone and iPod Touch.

If you’ve been envious of all the ebooks that are available for the Amazon Kindle, but haven’t wanted to pay $359 for the actual reader, there is now an option for iPhone and iPod Touch owners.Â Amazon has released Kindle for iPhone (iTunes link) that will allow you to buy the books and read them on the device of your choice.Â If you also own a Kindle, you can have the books on both devices, and thanks to Amazon’s Whispersync technology, you can start reading a book on one device, and wherever you leave off will be synced with the other device so you can go back and forth between them to continue reading your book.

While reading on the Kindle may seem a bit cumbersome, I can’t imagine reading an entire book on a screen the size of an iPod Touch.Â It seems like an exercise in eye torture to those of us here at StarterTech.

For those that want to give it a go, the actual app is free, and the books will cost you.